In this episode, Bonnie and Jake Cousineau discuss the importance of personal finance education for young adults.
Jake shares his journey of writing 'How to Adult' and the common financial mistakes young people make, emphasizing the need for financial literacy in schools.
They explore key financial concepts, budgeting strategies, and the emotional aspects of managing money.
Jake also provides insights on negotiating salaries and teaching kids about finances, ultimately aiming to empower listeners to take control of their financial futures.
Takeaways
Personal finance education is crucial for young adults.
Many young people are unaware of basic financial concepts.
Avoiding debt is more important than saving when starting out.
Cars are often a major financial mistake for young adults.
Financial literacy can help prevent common pitfalls.
Teaching kids about money should be interactive and engaging.
Insurance is essential for protecting against financial disasters.
Negotiating salaries can significantly impact financial well-being.
Monthly financial check-ins can help maintain awareness and control.
Financial freedom is about knowing you can afford your choices.
Home- How to Adult: Personal Finance for the Real World
Book link:
https://a.co/d/0I6gUbr
Charity: Baby2Baby is a national non-profit organization that provides children living in poverty with diapers, clothing and all the basic necessities that every child deserves. To learn more and get involved, visit www.baby2baby.org